Amcor

Amcor is a global packaging company that makes flexible and rigid containers for food, beverages, healthcare and personal-care products, serving customers across dozens of countries. Packaging is a steady, defensive business tied to everyday consumer goods, but it is also low-margin and exposed to raw-material costs and currency swings, and Amcor recently expanded through a large merger to build scale. Amcor offers an above-average yield and has emphasised its dividend as a core part of the shareholder return. The catch is that the payout consumes much of its earnings and dividend growth has been minimal, so this is a high-yield, low-growth proposition rather than a compounding dividend grower. Its low DiviScore reflects the thin coverage and stagnant increases despite the attractive headline yield.